New Team Assumes Leadership Positions at HHHunt
Richmond, VA (PRWEB) July 01, 2013 -- HHHunt Corp is pleased to announce that Harry H. “Buck” Hunt IV has become Vice Chairman and Chief Executive Officer while Daniel T. Schmitt has assumed the position of President and Chief Operating Officer. Harry H. Hunt III, the company’s founder, will retain his position as Chairman.
As part of the leadership transition, James Crowder has become Executive Vice President for Finance and Accounting. David E. Reemsnyder II, who served as President and Chief Executive Officer and has been with the company since 1973, will officially retire on June 30, 2013.
The leadership changes offer a number of opportunities for the company as it continues to grow. This transition also marks the first major leadership change for HHHunt since its founding in 1966 in Blacksburg, VA. As co-leaders of the company, both Buck Hunt and Schmitt have been training for their new positions during the previous year.
“HHHunt is poised for great things with Buck and Dan at the helm,” said Harry Hunt. “We’re proud of their work and dedication to the company. The entire HHHunt family is also appreciative of the tremendous contributions by David Reemsnyder and we wish him well in retirement.”
Schmitt will keep his office in Henrico and oversee land and community development, homebuilding and properties development (which includes apartment homes and assisted-living homes) as well as golf and country club operations. Buck Hunt will work from an office in Raleigh, N.C. and oversee the areas of finance, accounting, human resources and business technology services. Harry H. Hunt, III will retain his office in Blacksburg, giving the company three headquarter locations instead of just one.
“We envision big things for HHHunt,” said Schmitt. “The leaders before us put HHHunt in this incredible position for growth and we plan to capitalize on it. Harry Hunt started reinvesting 90 cents of every dollar back into the growth of the company and that reinvestment will continue. It remains the key to our success.”
HHHunt operates in four states throughout the Mid-Atlantic and Southeast. The company owns and manages 7,000+ apartment homes and 21 assisted-living homes and has homebuilding operations in Hampton Roads and Richmond, VA and Raleigh, N.C. In the Richmond area, HHHunt Communities has developed master-planned communities such as Wellesley, Wyndham and Twin Hickory in Henrico, Rutland and Providence in Hanover County and The Villages of Charter Colony in Chesterfield County.
“HHHunt is committed to smart and sustainable growth as we continue to reinvest heavily in the company and our incredible employees,” said Buck Hunt. “We have an exciting future ahead at HHHunt.”
About HHHunt
HHHunt is a diversified regional real estate development and management company with residential communities in Virginia, North Carolina, South Carolina and Maryland. HHHunt, with primary offices in Blacksburg, VA, Richmond, VA and Raleigh, NC, employs over 1700 people in the areas of community development, home building, apartment development/management, senior living development/management, country club management and community management.
Andrew K. Ryan, Commonwealth Partnerships Group, http://www.cpgroupllc.com, 804-385-2187, [email protected]
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